Jeffrey's Articles

Jeffrey Steele is an independent writer in Chicago who has written over 2,000 articles appearing in publications such as Barron's, Boston Globe, Chicago Sun-Times, LA Times, and more.

When Taking Vows, Vow to Spend Less

Written by Jeffrey Steele - One Comment

Talk to anyone 19 to 90, and they’re likely to have very clear memories of their first experience going steady. Mine came at the decidedly ancient age of 17, and I can recall that star-crossed life chapter like it happened last week.
My perky, mahogany-haired, 16-year-old inamorata and I didn’t have much in common other than [...]

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Published on October 22nd, 2014 - One Comment
Filed under: Family & Life, Frugality, House & Home
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Is retirement good for you or bad for you?

Written by Jeffrey Steele - 2 Comments

A neighbor who lives directly below me in my condominium building wakes up before 6 a.m. each morning, gets dressed, skulks outside and on some days begins looking for parked vehicles of neighbors he doesn’t like.
Under the protective cloak of a cover of darkness, he removes a key from his pocket, walks alongside those cars, [...]

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Published on October 8th, 2014 - 2 Comments
Filed under: Retirement, Working
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Are Your Adult Children Destroying Your Retirement?

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I can still remember the days when the term “generation gap” was all the rage. Back in the late 1960s and early 1970s, that term was bandied about to describe the yawning philosophical chasm between Baby Boomers and their parents on topics as diverse as the Vietnam War, the length of one’s hair, and different [...]

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Meet the Enemy of Retirement Security: Procrastination

Written by Jeffrey Steele - 3 Comments

Last year, I signed up for a program called “Connections” through my college alma mater. The program is designed to bring a group of the college’s current juniors and seniors to the big city, for a pow-wow with both recent graduates and ancient grads like myself, who work in the students’ prospective career fields.
On the [...]

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Published on September 10th, 2014 - 3 Comments
Filed under: Education, Retirement, Saving & Investing
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I Was the Victim of a Financial Bully

Written by Jeffrey Steele - 3 Comments

These days, there’s a lot of attention being focused on the subject of bullying. This emphasis is well justified. The whole bullying experience tends to be destructive and wreak long-term consequences. As one who was, at times, both bullied and a bully as a kid, I can testify that while I have almost repressed the [...]

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Published on August 27th, 2014
Modified on August 26th, 2014 - 3 Comments
Filed under: Family & Life
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New Businesses Foreordained to Failure

Written by Jeffrey Steele - One Comment

In this rapidly changing world, it’s comforting to know that some things never change. They are as immutable as the Rock of Gibraltar, as permanent as the sands of the Mojave, and as unalterable as the seven seas and stars above.
Want an example? Try new business failure rates. The percentage of new businesses that go [...]

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Published on August 13th, 2014 - One Comment
Filed under: Working
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20/20 Vision on 20-Something Investing

Written by Jeffrey Steele - 2 Comments

About 35 years ago, when I was new to the corporate world and fired with ambition, but not the least bit fired-up about staying with my big corporate employer, I had a series of bewildering conversations with colleagues, many even younger than I.
See, the place where I worked had long been the number one name [...]

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Published on July 30th, 2014 - 2 Comments
Filed under: Planning, Retirement, Saving & Investing
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Silence Not Golden in Intergenerational Family Finance

Written by Jeffrey Steele - One Comment

The last time I ran into one of my favorite cousins, the conversation soon turned to which far-flung family members she had recently heard from. She divulged she hadn’t yet heard from my youngest cousin, her younger brother, about his recent trip to Southwest Michigan. That was not new, as she’d called another of my [...]

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Published on July 16th, 2014 - One Comment
Filed under: Family & Life, Insurance, Retirement, Saving & Investing
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A Pearl of Wisdom About the Burden of Wealth

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I don’t know how the reading list looked in your high school English classes. But in mine, the teachers clearly believed we kids should absorb books that achieved, to quote Woody Allen, “total heaviosity.” These serious message novels were chosen to shake us out of our suburban-bred complacent lethargy. They were profound. They were penetrating. [...]

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Published on July 2nd, 2014
Modified on June 27th, 2014 - Leave a Comment
Filed under: Planning, Retirement
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Don’t look a gift employer in the mouth

Written by Jeffrey Steele - 3 Comments

Even if you’re not a news junkie like me, I’d be willing to bet that you’ve seen or heard one news item ad infinitum over the past several years. That nugget is the story about Americans’ retirement readiness, or lack thereof. We are endlessly informed by the media that we’re not ready to retire — [...]

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Published on June 18th, 2014
Modified on June 16th, 2014 - 3 Comments
Filed under: Retirement, Saving & Investing
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